VADDX vs. ^SPXEW

In the year-to-date period, VADDX achieves a -1.06% return, which is significantly higher than ^SPXEW's -1.56% return. Over the past 10 years, VADDX has underperformed ^SPXEW with an annualized return of 5.20%, while ^SPXEW has yielded a comparatively higher 7.75% annualized return.

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

This table presents a comparison of risk-adjusted performance metrics for Invesco Equally-Weighted S&P 500 Fund (VADDX) and S&P 500 Equal Weighted Index (^SPXEW). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

The current VADDX Sharpe Ratio is -0.07, which is lower than the ^SPXEW Sharpe Ratio of 0.23. The chart below compares the historical Sharpe Ratios of VADDX and ^SPXEW, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

The maximum VADDX drawdown since its inception was -70.42%, which is greater than ^SPXEW's maximum drawdown of -60.83%. Use the drawdown chart below to compare losses from any high point for VADDX and ^SPXEW. For additional features, visit the drawdowns tool.

Invesco Equally-Weighted S&P 500 Fund (VADDX) and S&P 500 Equal Weighted Index (^SPXEW) have volatilities of 6.21% and 6.13%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.